this post was submitted on 04 Nov 2024
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Its worth mentioning: workers would also be liable for company failure; but that actually might be one of the best parts of this idea.
See, right now you can get hired to run a company, drive it straight into the ground with stupid decisions, get paid the whole time, and then leave the now-bankrupted company with no downside for yourself. That would no longer be allowed if you were held responsible for the company at a personal level.